About the Business Succession Planning Assessment

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Is Your Business On Solid Ground? An efficient and economical method to diagnose the issues impacting your succession plan. www.rawlsgroup.com

description

Being in business is not just about making money, it’s about the people who work in it, the impact the business has on the community and its ability to provide for the future. For these reasons, the process of nurturing your business to its full potential can create anxiety, flooding business owners with concern and unanswered questions.The Rawls Group provides a business succession planning diagnostic assessment that uses cutting-edge technology to grade your business across the key planning factors critical to building a strong business foundation and achieving your business succession goals. Failing to address even one factor can greatly affect the other areas, compromising your vision for the future. The assessment, acting like a report card, will put you in an informed position about the missing pieces that need to be put in place for your business to reach its full potential.

Transcript of About the Business Succession Planning Assessment

Page 1: About the Business Succession Planning Assessment

Is Your Business On Solid Ground?

An efficient and economical method to

diagnose the issues impacting your

succession plan.

www.rawlsgroup.com

Page 2: About the Business Succession Planning Assessment

Is Your Business On Solid Ground?

The Rawls Group provides a diagnostic test that uses cutting-edge technology to grade your business across the 10 core principles critical to building a strong business foundation.

The assessment, acting like a report card, will put you in an informed position and provide you access to knowledge and tools, providing guidance like a roadmap into the future.

Optimize the value of yourbusiness by knowing

where you stand.

Page 3: About the Business Succession Planning Assessment

The Technology

The Succession Planning Assessment™ (SPA™) is cutting-edge web based technology that provides a private, efficient, and economical method for identifying your business

assets and liabilities.

Developed by the International Succession Planning

Association™, the SPA™ customizes to your unique situation based upon your response to each

question. Depending upon your availability, the SPA™ can be

completed in one sitting or across multiple meetings.

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Key Planning Factors

The Succession Planning Assessment™ evaluates your business across the key interdependent factors of the Succession Matrix®. Failing to address even one factor can greatly affect the other areas, compromising your vision for the future. The SPA™ is designed to assess your business on each of these key factors and identify the missing

pieces that need to be put in place for your business to reach its full potential.

OWNER’S ROLE Motivation & Perspective Personal Financial Planning Business Structuring Business Performance

MANAGEMENT Strategic Planning Leadership & Management Continuity Synergy & Teamwork Successor preparation

FAMILY DYNAMICS Understanding and Unity Governance Reasonable Expectations

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SPA™ Benefits

Stimulates thinking regarding multiple interdependent issues impacting business succession.

Identifies areas that need to be addressed to fulfill your goals and maximize the value of your business.

Identifies management, family and financial pressures that you may not have known were affecting business success.

Measures your preparation for the predictable, probable and possible challenges impacting your continued success.

Page 6: About the Business Succession Planning Assessment

A nonintrusive, private and economical process to understanding how your business is currently positioned for success.

Provides vendors, suppliers, financiers and other strategic partners greater confidence in your continued success.

Provides information that will lead to improved personal, family and business decisions.

Provides a prioritized agenda for developing a succession plan.

SPA™ Benefits

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How It Works

1.

The assessment is accessed through an experienced succession planning advisor who will personally guide you through the process of completing the assessment.

2.

Assessment questions provide you an in-depth understanding regarding the intricacies between your business-financial structure, family issues, personal goals and management strength which impact business value and longevity.

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How It Works

3.

Upon completing the assessment, a report is generated that graphically illustrates where you stand on each of the planning factors impacting business succession.

4.

One of our succession planning advisors will assist in the interpretation of your results, a provide a list of prioritized action steps to address the critical issues impacting your goals.

Page 9: About the Business Succession Planning Assessment

Business Anxiety Causing You to Lose Sleep?

Being in business is not just about making money, it’s about the people who work in it, the impact the business has on the community and its ability to provide for the future.

For these reasons, the process of nurturing your business to its full potential can create anxiety, flooding you with concern and unanswered questions.

The Goal of the SPA process is to provide you insightful

information that will allow you to make important decisions about the future of your business.

Page 10: About the Business Succession Planning Assessment

www.seekingsuccession.com www.rawlsgroup.com

Build a

Strong FoundationToday for the

Generationsof Tomorrow

For Questions Contact:

Your Rawls Group Advisor

or

Kendall Rawls: [email protected]